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Psychological pricing (also price ending or charm pricing) is a pricing and marketing strategy based on the theory that certain prices have a psychological impact. In this pricing method, retail prices are often expressed as just-below numbers: numbers that are just a little less than a round number, e.g. $19.99 or £2.98. [1]
Value-based pricing. Value-based price (also value optimized pricing and charging what the market will bear) is a market-driven pricing strategy which sets the price of a good or service according to its perceived or estimated value. [1] The value that a consumer gives to a good or service, can then be defined as their willingness to pay for it ...
Discounts and allowances are reductions to a basic price of goods or services.. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer ...
Reba McEntire’s favorite tater tot spot is joining the value wars. Unlike many others, Sonic's $1.99 menu is now a permanent fixture at the chain.
After Kerkorian sold, GM lost more than 90% of its value, falling as low as $1/share by May 2009. [44] On February 12, 2008, GM announced its operating loss was $2 billion (with a GAAP loss of $39 billion including a one time accounting charge). GM offered buyouts to all its UAW members.
In one example cited in the GAO report, 10 vehicles were valued at $7,050,000 when the supporting documentation showed they should have been valued at zero, their net book value.
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GM L platform. The General Motors front-wheel drive X platform was used for compact cars from the 1980 through 1985 model years, superseding the earlier, similarly designated, rear-drive platform. After front-wheel drive cars had become somewhat common in the North American market, first through foreign imports, and then by American-badged but ...